Char Technologies Stock Today

YES Stock  CAD 0.38  0.02  5.00%   

Performance

5 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 29

 
High
 
Low
Below Average
CHAR Technologies is selling for under 0.38 as of the 22nd of April 2024; that is -5 percent down since the beginning of the trading day. The stock's lowest day price was 0.38. CHAR Technologies has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for CHAR Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of March 2024 and ending today, the 22nd of April 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
Category
Industrials
CHAR Technologies Ltd., a technology company, commercializes and sells hydrogen sulfide recovery system to solve the problem caused by toxic and corrosive hydrogen sulfide in the biogas industry. CHAR Technologies Ltd. was founded in 2011 and is headquartered in Toronto, Canada. The company has 101.13 M outstanding shares of which 7.42 K shares are at this time shorted by private and institutional investors with about 0.1 days to cover all short positions. More on CHAR Technologies

Moving together with CHAR Stock

  0.63CDR Condor EnergiesPairCorr

Moving against CHAR Stock

  0.57TGO TeraGo IncPairCorr

CHAR Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. CHAR Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding CHAR Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaIT (View all Themes)
Business ConcentrationEnvironmental & Facilities Services, Commercial & Professional Services, Industrials, IT, Industrials, Commercial Services & Supplies, Waste Management, Industrials, Computing (View all Sectors)
CHAR Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to CHAR Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand CHAR Technologies' financial leverage. It provides some insight into what part of CHAR Technologies' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on CHAR Technologies' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how CHAR Technologies deploys its capital and how much of that capital is borrowed.
Liquidity
CHAR Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has accumulated 3.81 M in total debt with debt to equity ratio (D/E) of 37.6, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. CHAR Technologies has a current ratio of 3.06, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist CHAR Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, CHAR Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CHAR Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CHAR to invest in growth at high rates of return. When we think about CHAR Technologies' use of debt, we should always consider it together with cash and equity.

Change To Account Receivables

(94,939.95)
CHAR Technologies (YES) is traded on TSX Venture Exchange in Canada and employs 8 people. CHAR Technologies is listed under Environmental & Facilities Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 39.95 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate CHAR Technologies's market, we take the total number of its shares issued and multiply it by CHAR Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. CHAR Technologies classifies itself under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 101.13 M outstanding shares of which 7.42 K shares are at this time shorted by private and institutional investors with about 0.1 days to cover all short positions. CHAR Technologies has accumulated about 466.19 K in cash with (4.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check CHAR Technologies Probability Of Bankruptcy
Ownership Allocation
CHAR Technologies secures a total of 101.13 Million outstanding shares. CHAR Technologies owns 18.84 % of its outstanding shares held by insiders and 0.0 % owned by institutions. Please note that no matter how many assets the company retains, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check CHAR Ownership Details

CHAR Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of CHAR Technologies jumping above the current price in 90 days from now is more than 93.0%. The CHAR Technologies probability density function shows the probability of CHAR Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon CHAR Technologies has a beta of -0.4962. This entails as returns on the benchmark increase, returns on holding CHAR Technologies are expected to decrease at a much lower rate. During a bear market, however, CHAR Technologies is likely to outperform the market. Additionally, cHAR Technologies has an alpha of 0.2103, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 0.38HorizonTargetOdds Above 0.38
6.84%90 days
 0.38 
93.11%
Based on a normal probability distribution, the odds of CHAR Technologies to move above the current price in 90 days from now is more than 93.0 (This CHAR Technologies probability density function shows the probability of CHAR Stock to fall within a particular range of prices over 90 days) .

CHAR Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. CHAR Technologies market risk premium is the additional return an investor will receive from holding CHAR Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in CHAR Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although CHAR Technologies' alpha and beta are two of the key measurements used to evaluate CHAR Technologies' performance over the market, the standard measures of volatility play an important role as well.

CHAR Stock Against Markets

Picking the right benchmark for CHAR Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in CHAR Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for CHAR Technologies is critical whether you are bullish or bearish towards CHAR Technologies at a given time. Please also check how CHAR Technologies' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in CHAR Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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CHAR Technologies Corporate Management

Elected by the shareholders, the CHAR Technologies' board of directors comprises two types of representatives: CHAR Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CHAR. The board's role is to monitor CHAR Technologies' management team and ensure that shareholders' interests are well served. CHAR Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CHAR Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.
Raquel InsaChief OfficerProfile
Brian BobbieConsultantProfile
CPA CFAChief OfficerProfile
Don KirkCoFounder AdvisorProfile
Andrew WhiteChief OfficerProfile
Silvia MerliniHead AccountingProfile
Lewis SmithChief OfficerProfile

How to buy CHAR Stock?

Before investing in CHAR Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in CHAR Technologies. To buy CHAR Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of CHAR Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase CHAR Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located CHAR Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased CHAR Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as CHAR Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in CHAR Technologies?

The danger of trading CHAR Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of CHAR Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than CHAR Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile CHAR Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in CHAR Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for CHAR Stock analysis

When running CHAR Technologies' price analysis, check to measure CHAR Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CHAR Technologies is operating at the current time. Most of CHAR Technologies' value examination focuses on studying past and present price action to predict the probability of CHAR Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHAR Technologies' price. Additionally, you may evaluate how the addition of CHAR Technologies to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between CHAR Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if CHAR Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CHAR Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.